Purchasing Practices Sample Clauses
The Purchasing Practices clause sets out the standards and procedures that a buyer must follow when acquiring goods or services from a supplier. It typically outlines requirements such as order placement, lead times, quality expectations, and payment terms, ensuring both parties understand the process for making and fulfilling purchases. By clearly defining these practices, the clause helps prevent misunderstandings, streamlines procurement, and ensures that transactions are conducted fairly and efficiently.
Purchasing Practices. Purchasing practices shall be in accordance with 2 CFR part 200. Subrecipient must provide documentation indicating how all vendors, contractors, minority and/or women owned businesses are given an opportunity to participate in compliance with 2 CFR §200.321.
Purchasing Practices. Purchasing practices shall be at the very least in accordance with 2 CFR part 200. Center must provide documentation indicating how all vendors, contractors, minority and/or women owned businesses are given an opportunity to participate in compliance with 2 CFR §200.321.
Purchasing Practices. Purchasing practices shall be at the very least in accordance with 2 CFR part 200. Coalition must provide documentation indicating how all vendors, contractors, minority and/or women owned businesses are given an opportunity to participate incompliance with 2 CFR §200.321.
Purchasing Practices. In order to assure that prices for the student and staff populations of the District remain as low as industry standards permit, the Contractor shall make every attempt to purchase all foods, supplies and/or equipment as competitively as possible without sacrificing quality. No District involvement in the purchasing process is contemplated; the District, however, reserves to itself the right to inspect lists for price comparison purposes.
Purchasing Practices. Purchasing practices shall be at the very least in accordance with 24 CFR §85. City purchasing practices and other procedures shall prevail unless State and/or Federal practices and procedures are more stringent. If a bidding procedure is not used, FPR must provide documentation indicating how all vendors, contractors, minority and/or women owned businesses are given an opportunity to participate.
Purchasing Practices. Each Party shall use its best commercially reasonable efforts to take, or cause to be taken, any action to do, or cause to be done, all things necessary, proper or advisable under applicable laws to consummate and make effective the transactions and activities contemplated by this Agreement, including, but not
Purchasing Practices. HUD considers State purchasing regulations to be the acceptable standard for purchasing practices. Purchasing practices shall be at the very least in accordance with 2 CFR Part 200. Local purchasing practices and other procedures shall prevail unless State and/or Federal practices and procedures are more stringent. Therefore, Subrecipient is obligated to conform to the more restrictive practices and procedures. It is recommended that Subrecipient use a formal pre-numbered purchase order system where possible and applicable. If a bidding procedure is not used, Subrecipient must provide documentation indicating how all vendors, contractors, minority and/or women owned businesses are given an opportunity to participate.